A Level Economics:

[economist2]

Yes dear I will be posting that very soon. send your request on [email protected]

Sir,Explain what is meant by an efficient market equilibrium.[12]
Could you mention the important points?

 

[Qamar Baloch]

Sir,Explain what is meant by an efficient market equilibrium.[12]
Could you mention the important points?

1. it takes place where Qd=Qs
2. draw the graph showing intersection of demand and supply curves
3. explain the graph
4.then draw and other graph showing a rightwrad shift in demand curve and then point out the new equilibrium. find out new price and quantity
then explain it
5. draw another diagram of euilibrium then shift demand to the left and again point out all the elements as mentioned above.
explain it how the above phenomenon has set a new effective equilibrium due to different changes in demand,
if you have good speed the you may also show shifts in supply curve as well

 

[economist2]

1. it takes place where Qd=Qs
2. draw the graph showing intersection of demand and supply curves
3. explain the graph
4.then draw and other graph showing a rightwrad shift in demand curve and then point out the new equilibrium. find out new price and quantity
then explain it
5. draw another diagram of euilibrium then shift demand to the left and again point out all the elements as mentioned above.
explain it how the above phenomenon has set a new effective equilibrium due to different changes in demand,
if you have good speed the you may also show shifts in supply curve as well

Sir its an A2 question.Should I show how first productive eff. has to be achieved and then allocative eff. which ultimately leads to efficient market equilibrium?

 

[RichardCastle]

I did the same question !
Your answers seem to be perfect. Mine were written in haste due to lack of time :/ and i think i will lose marks because i did not explain effects of indirect tax well. Nevermind, good luck for your exams

Good luck to you too For all the remaining papers !

 

[Qamar Baloch]

Good luck to you too For all the remaining papers !

Thanks

 

[Qamar Baloch]

Sir its an A2 question.Should I show how first productive eff. has to be achieved and then allocative eff. which ultimately leads to efficient market equilibrium?

This question is incomplete. you are missing something. post correct question.

 

[economist2]

This question is incomplete. you are missing something. post correct question.

2 (a) Explain what is meant by an efficient market equilibrium. [12]
(b) Discuss how the market mechanism might fail in the allocation of resources. [13]

This is the full question sir.

 

[Qamar Baloch]

2 (a) Explain what is meant by an efficient market equilibrium. [12]
(b) Discuss how the market mechanism might fail in the allocation of resources. [13]

This is the full question sir.

Ok dear will post its answer very soon

 

[Qamar Baloch]

Hope P1 preparation is going well.

 

[Junaid Malik]

Any predictions on what the threshold is going to be like? I'm very worried. I didn't complete it, although it was an easy paper. What were your answers for Section A?

Definition of hyperinflation, reason why the cheques are gotten in double the value owed, and how does it affect works and investors, along with the current account deficit, and is it to expected, that was section A from what i remember x

 

[Junaid Malik]

Did anyone do question 4 in paper 2? The question was about expenditure switching and expenditure dampening policy

 

[Raja23]

Any predictions for P4 essays? (Variant 2)! I have 6 exams that week and finish with Eco p4 on friday! Hope it goes smooth! Goodluck ya'll

 

[Qamar Baloch]

Any predictions for P4 essays? (Variant 2)! I have 6 exams that week and finish with Eco p4 on friday! Hope it goes smooth! Goodluck ya'll

P4 guess will be posted soon dear don't worry.

 

[RoOk1303]

P4 guess will be posted soon dear don't worry.

Thanks a lot sir! May Allah reward you for your work. You actually help us a lot. Many many thanks !

 

[Qamar Baloch]

Thanks a lot sir! May Allah reward you for your work. You actually help us a lot. Many many thanks !

You are always welcome dear.

 

[Lostsoul]

Sir, can you pls help me for this:
How is the answer to Question 7, B?
http://papers.xtremepapers.com/CIE/... AS Level/Economics (9708)/9708_w11_qp_32.pdf

 

[economist2]

You are always welcome dear.

Sir,
Discuss what might cause inequalities in wage rates in an economy. [25]marks

Im not sure what points to write about.Could you please give me a few points.

 

[Qamar Baloch]

Sir,
Discuss what might cause inequalities in wage rates in an economy. [25]marks

Im not sure what points to write about.Could you please give me a few points.

Dear I will post its completely explained answer very soon. It is also included in p4 guess.

 

[rjcooo1]

Damn V2 essays were so easy!
We had a really long quesstion on PED and relation to total revenues
also exchange rates
and
CBA with externalities

 

[RoOk1303]

Damn V2 essays were so easy!
We had a really long quesstion on PED and relation to total revenues
also exchange rates
and
CBA with externalities

For data response? :s